Landau points to a federal survey: After participants grappled with their care concerns, they had no trouble answering questions about action options.

Hackensack, NJ July 18, 2017 -- Last year the U.S. Department of Health & Human Services issued a report about Americans’ concerns and actions related to long-term care (LTC), also referred to as long-term services and supports (LTSS). “The main takeaway was not the particulars of the responses, in our view,” says Richard Landau of ACSIA Partners LLC. “It was the fact that participants considered and faced the issues.”

More than 75% of respondents said they had at least five of the seven personal concerns.

High on the list were losing independence and being unable to depend on family or friends for care.

Personal concerns varied little by wealth or age.

Of the ten actions, most respondents expressed willingness to modify their homes or have a family member or friend move in.

But fewer than 50% were willing to move in with family/friends or use the value in their home to pay for care.

The wealthier respondents were more willing to take actions that cost money, such as secure long-term care insurance or tap savings to pay for in-home care.

The report concludes, “These findings highlight the need for increased education on the … choices and financing options.”

Landau agrees, and believes the survey itself opened the eyes of the 15,298 participants, “by provoking introspection and analysis.”

“All Americans would benefit from considering such questions,” Landau adds. “First the personal concerns, which are often hidden, then the action options.”

ACSIA Partners LLC has long-term care specialists in all parts of the country. “Part of our job is to ask the right questions and invoke the right thinking,” says Landau. “We’re glad to talk with consumers and business executives about any and all care-related concerns and actions, financial and otherwise.”